fi•du•ci•ar•y – A financial advisor held to a fiduciary standard occupies a position of special trust and confidence when working with a client. As a fiduciary, the financial advisor is required to act with undivided loyalty to the client. This includes disclosure of how the financial advisor is to be compensated and any corresponding conflicts of interest.
- Focus on Fiduciary
Registered Investment Advisors are held to a Fiduciary Standard of care by both federal and state law requirements. "Broker-Dealers" are not Registered Investment Advisors and therefore are not held to the higher standard of care. When working with a Registered Investment Advisor, clients may be rest assured the advisor is required to work in the client's best interest.
Simply put, a fiduciary standard means that we put your best interests first. We are committed to providing you with the best advice we can give without any conflicts of interest. We are required to act with undivided loyalty to you and provide complete transparency and disclosure when it comes to our compensation or investment approach.
Further, we do not pay or accept referral fees. If we recommend another professional it will be solely because they may be the right advisor for the need. Similarly, if another recommends us we want it to be because we are the right advisor and not because they are being incentivized to send us clients.